YEARLY HIGH
2.1407 TRY
YEARLY LOW
0.8978 TRY
YEARLY AVERAGE
1.1478 TRY

2021 GTQ to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GTQ to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.1407. Conversely, the yearly low was recorded on February 15, dropping to 0.8978.

This high-to-low spread represents a total annual volatility of 1.2429 TRY. From a start-to-finish perspective, comparing the January average rate of 0.9497 to the December average rate of 1.7411, the exchange rate registered a net change of 83.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1407 was up 95.41% compared to the 2020 peak of 1.0955, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GTQ based on timing:

Yearly Peak High 10,704 TRY
2020 Average 4,545 TRY
Yearly Trough Low 4,489 TRY
Transaction Impact: A difference of 6,214.41 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8235
0.8350
JanuMarcMayJulySeptNove

GTQ to TRY Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.0215, compared to 1.2741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2526 points.

H1 Avg (Jan–Jun) 1.0215
H2 Avg (Jul–Dec) 1.2741

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.7551 TRY (High: 2.1407 / Low: 1.3856). On the other end, January was the most stable month, with a tight range of 0.0237 TRY (High: 0.9609 / Low: 0.9372).

December Spread (Volatile) ±0.7551
January Spread (Stable) ±0.0237

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0323 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.7411) against the same month in 2020 (average: 0.9869), the exchange rate shifted by +0.7543 (+76.43%).

2021 Avg (December) 1.7411
2020 Avg (December) 0.9869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9609 0.9372 0.9497
February 0.9643 0.8978 0.9173
March 1.0790 0.9355 0.9972
April 1.0946 1.0413 1.0607
May 1.1106 1.0679 1.0873
June 1.1354 1.0841 1.1167
July 1.1253 1.0909 1.1095
August 1.1168 1.0760 1.0948
September 1.1532 1.0701 1.1077
October 1.2570 1.1439 1.1943
November 1.7461 1.2336 1.3969
December 2.1407 1.3856 1.7411